Top News
DA chief unveils P20/kilo rice project; pilot test in Visayas
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Wednesday unveiled an initiative that will fulfill President Ferdinand Marcos Jr.’s campaign promise to lower rice prices to P20 per kilo.
President Marcos leads launch of $350M VITRO data center
President Ferdinand Marcos Jr. on Wednesday led the inauguration of VITRO Sta. Rosa, the Philippines’ largest and first hyperscale data center—an advanced facility poised to accelerate artificial intelligence (AI) adoption and drive economic activity and investment.
Gold pulls back as market mood brightens on trade and Fed developments
Gold prices dipped below USD3,370 per ounce on Wednesday, extending their retreat from Tuesday’s record high of USD3,500, as investor sentiment improved amid signs of easing geopolitical and monetary tensions.
NFA buffer stock at 5-year high, ready to procure more
The National Food Authority (NFA) has built up a buffer stock equivalent to 7.17 million 50-kilogram bags of milled rice—a volume enough to feed all Filipinos for nine days.
BOP swings to US$2B Deficit in March
The country's balance of payments (BOP) stood as a deficit of USD2 billion in March, a sharp reversal from the USD1.2 billion surplus recorded in the same month last year, according to data released by the Bangko Sentral ng Pilipinas (BSP).
